FTSD Fees and Costs — Franklin Short Duration U.S. Government ETF
Data updated: 2026-08-27
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 61%.
FTSD Fees and Expenses
Annual operating expenses and sales charges of FTSD. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FTSD Costs Over Time
On $10,000 invested in FTSD, assuming 5% a year before costs, total costs come to $160 over 5 years, cutting the return by 0.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $26 | $87 | $160 |
| Value after costs | $10,474 | $11,489 | $12,603 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
FTSD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $326.7M
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
FTSD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4K | 83.80% |
| CitiGroup Global Markets Inc. | $812 | 16.20% |
FTSD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $177.8M | 54.62% |
| MORGAN STANLEY & CO. LLC | $41.2M | 12.66% |
| BOFA SECURITIES, INC. | $26.1M | 8.03% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $18.1M | 5.55% |
| BMO CAPITAL MARKETS CORP. | $15.8M | 4.86% |
| WELLS FARGO SECURITIES, LLC | $12.6M | 3.86% |
| CitiGroup Global Markets Inc. | $12.1M | 3.72% |
| BARCLAYS CAPITAL, INC. | $11.3M | 3.48% |
| MIZUHO SECURITIES (USA) INC. | $6.4M | 1.97% |
| BNP PARIBAS SECURITIES CORP. | $4.0M | 1.24% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.